Please help me answer this question

Answer: A
Step-by-step explanation:
The total value of the prizes is [tex]1000+500+2(50)=1600[/tex].
The total cost of the tickets is [tex]1000(4.00)=4000[/tex].
So, the total loss is $2400.
Dividing this by 1000 tickets gives $-2.40.